In Defense of Inequality

Townhall.com ^ | April 13, 2022 | John c. Goodman

[Kaslin]

The subject of “inequality” is very much in the news at the moment. For a great many professors, researchers, editorial writers and talking heads on mainstream and social media, this is the topic of the day. By contrast, it is of almost no interest to everyone else.

For the chattering class, a new book by Thomas Piketty is grist for the mill. Even if they don’t understand Piketty’s complicated economics, they will have no trouble discovering his bottom line: inequality of income and wealth is unquestionably bad.

Ordinary people do not think about inequality. They don’t talk about it. They certainly don’t obsess over it. But if they did stop to think about it, they might conclude that inequality is not necessarily a bad thing after all.

In her book The Genetic Lottery, Katherine Page Harden argues that many differences among people are present at birth and are bequeathed to us by our genes. In most cases, a graph of a trait (such as height) would resemble a bell curve – with a few very tall people at one tail of the distribution, a very few short people at the other tail, and the rest of the population somewhere in between.

[ronnie raygun]

Inequality, those who feel they should be equal no matter what just because they breathe and nothing more.

[Blueflag]

OMG. The author referenced a BELL CURVE!!! Oh the humanity. Actual science is

[sauropod]

.

[wny]

ask anyone prattling on about inequality to give you one-half of their money....then they shut up.

[conservativeimage]

[norwaypinesavage]

"taking from Peter and giving to Paul creates negative incentive effects for both Peter and Paul. As a result, income transfers lower total national income."

This is an important truth, but it pales in comparison to it's companion: Income transfers lower total national wealth.

The reason this is important is that governments never create wealth, they always consume national wealth. When the rate of consuming wealth exceeds the rate of creation of wealth, EVERYONE looses. The whole nation turns into a Venezuela, or a Soviet Union, or an East Germany.

[SMARTY]

In school, all kids had the same teacher, the same text books, the same class room, the same instruction, the same class time, etc.

But SOME chose to cut class, sleep in class, stay home, sleep in class, refuse to do the reading, refuse to do home work, refuse to apply themselves!!

Then somehow, these are the same people think it's MY fault they cannot get jobs or succeed at anything. They insist the system is unfair and that they get unequal consideration!!!!!

S’cuse me??